EDITAS MEDICINE INC

NASDAQ

EDIT

Looks like it wants to open on a bullish macd crossover with a golden cross followup....we shall see!

EDIT Long Potential

The attached chart has much of the explanation. Here are the highlights: TSI gives early sell warning via high values (near 170), relative highs, or in rare cases an "x" signal. Divergence with price is also a key indicator of future action. Examine the divergence illustrated during the price drop and the (still red) TSI values. I hope this is helpful....

We saw this the other day in NTLA. Has the same pattern formed in EDIT? Thoughts?

Having a look at the trendlines gives us a perspective of where we are now. We just broke bottom trend line, but below that bottom trend line there are strong support levels which seem to hold. Earnings upcoming in 6 days and other sector catalysts like Intellia earnings tomorrow.

Add on confirmation 15EMA 1H

I like the odds in $EDIT, strong chart setup in the 2-day timeframe, earning levels give us a nice estimate of overhead resistance. Chart has been basing for a while, and could be ready to break up from here, after coiling for a long time. I'd reccomend buying into it around here, or maybe buying call options due to earnings risk. Best of luck, Ivan Labrie.

Short below yesterday's low. see the chart.

Ticker: EDIT LAST= 26.20 EDITAS MEDICINE INC movement during the last few days showed a Sideways movement, with a recent low price seen on Mon 24.Dec.2018 at 17.80 The Short-Term view is expected to continue to be UP as long as the price is above 25.75, and it's recommended to ' BE LONG ' for a targeted price of around 29.40 Taking in consideration the...

Sun 02/Dec/2018 Ticker: EDIT LAST= 31.16 EDITAS MEDICINE INC movement during the last few days showed a Bullish move, with a recent high price seen on Fri 30.Nov.2018 at 31.21. During the next few days the price is expected to go up for 31.21 and then to 32.40. The Short-Term view is expected to continue to be UP as long as the price is above 29.05. But...

Ascending wedge on weekly; Symmetrical triangle on daily; Wait market to show its hands first before entering.

Substantial divergence between absolute price and TSI values over a sustained period. This would seem to support a price directional shift.

Editas gives another entry chance on the weekly. Adding to position in case of further dip next week.

Bottom of the trading range... Big support!

EDIT Channel up short term. Testing support trend line.

Price action based prognosis

A tight stop could be set here but I went with a bit looser one that would confirm a break down from trendline. Could be held long term or short. Good risk:reward. The topic of genesiology/eugenics may be ignored and considered morally reprehensible in modern society, but appears to be inevitable. I will ignore moral argument for this discussion. The film...

While post-earnings green, TSI indicates further momentum, also crossing against benchmarks.